I'd guess every CFO of companies that were involved with SVB is looking over details and having frantic conversations with the rest of C suite this weekend.

Fallout potentials include some companies needing to close up shop if they can't secure stop-gap funding to pay invoices, payroll, etc. Longer term this bleeds into reduction of exhibiting at conferences.

And this happening at this point in the quarter let's some paper over the impact so it won't show up until reported another quarter later. The domino effect can lead to traditional "Sell in May and go Away" trading